Monday, August 12, 2019

visualizing student debt data by demographics

Really nice visuals from Vox and a solid discussion of "student debt" data-- by age, income level, and education attained (h/t: Mom!!)...
Debt forgiveness is typically regressive, helping those with more money/education. (Dems love to help the non-poor but that's a broader subject.) The graphic is rougher on Sanders than Warren, since her proposal phases out the debt cancellation with higher income.
One thing missing: how much of the debt is simply to finance living away from home? The fact is that if you choose a reasonably-priced state school-- and if you can live at home-- higher ed is still not all that expensive and can be financed with work & frugality.


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